Question 2: Solve the following sums. (15Marks) 1. On November 10, 2018, Mark Estates invested in 10,000 ordinary shares of Mian Estates for 18 per share. By this purchase Mark Estates has a 40 percent holding in Mian Estates. Journalize the following transactions related to above investment: (3 Marks) 1. Jourmalize the purchase entry on November 10,2018. 2. At December 31, 2018 Mian Estates has reported net income of $250,000. 3. At December 31, 2018, Mian Estates shares have a total fair value of $200,000. 4. On January 28,2019 Mian has announced and paid a cash dividend of $100,000